The Future of Shopping

By Erin Bradley Neer | Trends and ideas disrupting the retail industry.

Target plans to test vertical farm 'in-store growing environments' in 2017

Vertical farming, an agricultural technique that involves growing plants indoors in precisely programmed conditions, is spreading rapidly. Kimbal Musk (Elon’s brother) is opening an incubator for vertical farming startups in Brooklyn, the world’s largest vertical farm is set to open this fall, and …

Agriculture

A Demographic That Actually Enjoys Shopping In-Store? Retailers, Meet Gen Z

They enjoy going to stores with friends and family. Tangible gifts are preferred over experiences. They’re heavy mobile users. Social media is used more by this demo than any other one. And they’re 86 million strong. Retailers, meet Gen Z (or those who were born after 1996).<p>In my last post, I …

Shopping

Boeing to convert nine 767 jets into Atlas Air freighters for Amazon Prime Air

Boeing says it will convert nine used 767 passenger jets into freighters for Atlas Air Worldwide Holdings, which will use them in its cargo transport …

Amazon

Amazon’s full on-demand streaming music service launches today

Amazon Music Unlimited is designed to pair nicely with your Echo<p>Amazon’s long-rumored on-demand music streaming service is now available. The company is launching its new service as Amazon Music Unlimited, a on-demand competitor to the likes of Spotify, Apple Music, and Google Play Music. Amazon …

Amazon

Retail Representatives

website<p>http://www.jacobsmarketing.com/single-post/2016/10/03/Trend-Shopping-in-Portugal---fruit-jams-with-style<p>Jacobs Marketing - Retail …

Starbucks Is Now Testing Curbside Pickup

You don’t even have to get out of your car.<p>Starbucks SBUX is testing a new way for customers to pick up their orders without even getting out of their cars.<p>One location in Snoqualmie, Washington now offers curbside pickup—people can put their orders in through Starbucks’ mobile app, and then have a …

Target chief merchant Mark Tritton settling into big job ahead

Some analysts and shoppers say Target has lost some of its je-ne-sais-quoi “Tar-zhay” magic. Mark Tritton doesn’t buy it.<p>“We haven’t lost anything,” …

Make It Yourself: Lowe's Tests Profit Potential Of 3D-Printed, Personalized Products

Do-it-yourself home improvement? More like make it yourself. Lowe’s new 3D-printing stations at a New York City store mark the chain’s bid to unlock the profit potential of products that reflect a shopper’s distinct imprint and tastes.<p>Dubbed Bespoke Designs, the 3D-scanning and printing service …

3D

Australian Store Launches "Give Registry" To Help Domestic Violence Survivors

Department store chain Myer created the initiative to help women "rebuild their lives, once piece at a time."<p>Unless a person has been through it, it is hard to imagine the struggle and stress involved in extracting oneself from a violent relationship. Added to the emotional and physical upheaval is …

There is a hidden risk in Wal-Mart's acquisition of Jet.com

This week, the United States' largest retailer, Wal-Mart, <b></b>confirmed earlier rumors by buying upstart e-commerce company Jet.com.<p>The Wall Street Journal reports Wal-Mart acquired the company for a total of $3.3 billion -- $3 billion in cash and $300 million in Wal-Mart stock.<p>Overall, this is a small …

Walmart

An early Jet investor’s optimism about the Walmart acquisition

Jet gives Walmart a smart, alternative model for competing with Amazon.<p>We were thrilled to wake up to Monday’s headlines announcing Walmart’s $3.3 billion purchase of Jet.com — the largest U.S. e-commerce transaction to date, but a small price to pay, given Walmart’s $230 billion market cap and …

Alibaba posts record growth as mobile revenue tops desktop for first time

Alibaba saw record growth in Q2 2016 as the company’s Chinese retail marketplaces surged and users on mobile out spent those on desktop devices for the first time.<p>The e-commerce giant reported revenue of RMB 32.2 billion (US$4.8 billion), which is a 59 percent increase year-on-year — the highest …

Target brings back Amazon devices

Target's four-year old battle with Amazon seems to be at its end.<p>Target is once again selling devices from the online retail giant on its website. Those looking for a Kindle e-reader, Fire TV streaming device or Fire tablets can now purchase them from Target's website today or from one of the …

It’s (Pokémon) Go Time for Grocers

It's been three weeks since the launch of Pokémon Go, a mobile game that began taking the country by storm just days after its release. And given the …

Getting Inside the Head of the Millennial Shopper

Millennials are often called the “C” generation – “C” meaning “connected.” This group of consumers has had technology in its hands since its toddler …

Millennials

Under Armour Is Opening a Huge Facility to Create Futuristic Sports Apparel

South Baltimore's Lighthouse facility will feature body scanning and 3-D printing.<p>Under Armour has made a huge push recently to create clothing of the future. The company that invented "Cold Gear" and made bundled-up athletes a thing of the past gobbled up nearly $1 billion worth of health tech …

Millennials are obsessed with the 'style of life' — and it's killing retailers

Retailers are obsessed with trying to figure out how to cater to millennials.<p>There are more of them, so naturally, it's the smart move to appeal to them, right?<p>Wrong.<p>Retail expert Robin Lewis on his blog, The Robin Report, brought up a crucial point about millennials' spending patterns and the risk …

Millennials

5 Online Retailers That Have Opened Real-World Stores In Canada

TORONTO — Companies often launch online stores without a physical presence in order to save on costly overhead expenses from stores or to avoid being …

Online Life

With changes to price-matching, Amazon and Walmart usher a new era of retail

Walmart and Amazon both recently changed their price matching policy, and the changes may be a harbinger of things to come in the retail world.<p>Walmart would match a competitor’s price if a shopper showed an ad for the same product, while Amazon’s shift is in regards to a price drop for a recently …

Omni-channel Is So 2010 – but Retail Still Hasn’t Figured It Out

Retailers are still struggling to create a truly integrated online and offline experience. To succeed, they must start using innovative technology …

Business School

If Echo Is The iPhone Of Connected Home, Then Sonos Is The Blackberry

I wrote a piece for Forbes explaining why I thought the Echo/Alexa has had some of the same disrupting impacts on the smart home industry that the …

Apple News

Amazon sues longtime exec over new job at Target, says retail rival will be able to steal its secrets

<i>Updated at 8 a.m. Pacific with Target comment.</i><p>Amazon filed suit Monday against a 16-year veteran of the company, Arthur Valdez, alleging that his new …

Amazon

Target is investing billions of dollars in a losing game — but a mysterious startup could turn that around

Target plans to spend as much as $2.5 billion a year on technology and supply-chain initiatives by 2017. Last year, the company spent $1.9 billion on the category.<p>Target will likely spend the money, in part, to hire 20 engineers and product managers to join a mysterious technology-focused start-up …

Startups

Why Online Retailers Are Flocking to Nordstrom

The retailer has a disproportionately high exposure to the best malls.<p>In the past few years, Nordstrom JWN has struck distribution deals for such hot, online-only brands like Bonobos, Shoes of Prey, and Baublebar, making the upscale brick-and-mortar department store a retail partner of choice for …

Alibaba is working to bring virtual reality into its e-commerce services

Alibaba has formally thrown its hat into the virtual reality ring after the Chinese e-commerce giant announced its own VR research lab, dubbed GnomeMagic Lab.<p>The company invested in red hot augmented reality company Magic Leap earlier this year, in a deal that put Alibaba vice chairman Joe Tsai on …

How Retailers Will Survive In The Amazon Era

Hire a service designer, for starters.<p>There’s no way around it—the past year has been rough for retail. Even the stalwarts have taken a hit: Nordstrom had a terrible run on NASDAQ; Macy's cratered, with its stock ending 2015 40% down for the year; and Walmart is shutting down over 250 stores …

Amazon